Aterian Inc reports results for the quarter ended March 31 - Earnings Summary

• Aterian Inc ATER.OQ reported a quarterly adjusted loss of 52 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -76 cents. The lone analyst forecast for the quarter was for a loss of 69 cents per share.

• Revenue fell 24% to $15.36 million from a year ago; analysts expected $14.95 million.

• Aterian Inc's reported EPS for the quarter was a loss of 52 cents​.

• The company reported a quarterly loss of $3.9 million.

• Aterian Inc shares had fallen by 0.4% this quarter and lost 12.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.8% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

This summary was machine generated from LSEG data May 14 at 09:03 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)